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Many economists are too complacent about current models, but the right conclusion is not that the discipline is in decline but rather that there is room for improvement within economics

normativepending

Speaker

Larry Summers

Evidence Quote

“are there a ton of economists who are much too complacent about the current models? Yeah, but thinking of it, I think there's no evidence for the proposition that it's a profession or a discipline in decline.”

Source

Tariffs, Decline, and the Promise of AI | A Conversation with Larry Summers and Niall Ferguson— University of Austin (UATX)
Created: 8/11/2026, 6:52:24 AM

My Notes

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